Livestock Rising Feed Costs and Hot Temperatures Force Some to Sell Hogs Here in August average feedstuff prices have continued to climb as a result of higher soybean prices and the loss of corn supplies from Ukraine. Since the start of July, the average producer’s price for soymeal has climbed by 4.4 percent and by nearly 2 percent since just the end of July. While the domestic corn harvest began recently, the market expects the new crop will come into play about a month from now. At the end of last week, a number of feed mills announced they would raise their prices by RMB 50 to 100/MT ($7.42 to 14.84/MT). Despite these ongoing price hikes, a number of major feed producers have said their first half financials are showing lower ne...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.